Grow with
AL Circle

KNOW MORE
RUSAL reports robust financial results in Q1 2017, driven by operational efficiency and stronger LME prices
12 MAY 20172MINS

RUSAL reports robust financial results in Q1 2017, driven by operational efficiency and stronger LME prices

<p>UC RUSAL, the leading global aluminium producer reported robust financial results for the First Quarter of 2017, attributed to its operational efficiency and cost discipline, supported by stronger LME prices.</p> <p><img style="vertical-align: middle;"...

Operational efficiencies and higher automotive shipments drive record results for Novelis in Q4 2017
11 MAY 20173MINS

Operational efficiencies and higher automotive shipments drive record results for Novelis in Q4 2017

<p>Novelis Inc., the world leader in aluminum rolling and recycling, today reported record results for Q4 2017 recording significant YoY increases in Adjusted EBITDA, net income, free cash flow and automotive sheet shipments.&nbsp;</p> <p><img style="vertical-align: middle; display: block;...

Improved production volume and metal price lift Ma’aden’s Q1 2017 results
10 MAY 20172MINS

Improved production volume and metal price lift Ma’aden’s Q1 2017 results

<p>The Saudi Arabian Mining Company (Ma&rsquo;aden) released its consolidated financial and operating results for the first quarter ended 31 March 2017. The Company reported strong profit growth driven by increased production volumes across all segments, improved commodity prices and a cost...

Week in Review: Top newsmakers from the aluminium downstream sector
06 MAY 20173MINS

Week in Review: Top newsmakers from the aluminium downstream sector

<p>The week gone by has been marked by production updates, mergers, corporate decisions and quarterly result release by a few major companies from the aluminium downstream sector. The market is more or less in a balanced position; the quarterly results indicate a bullish trend and companies are...

Aleris reports 16% EBITDA growth in Q1 2017, positive outlook for Q2
05 MAY 20173MINS

Aleris reports 16% EBITDA growth in Q1 2017, positive outlook for Q2

<p>Aleris Corporation reported results for the first quarter ended March&nbsp;31, 2017. The company reported net loss of&nbsp;$35 million&nbsp;compared to&nbsp;$6 million&nbsp;YoY. Adjusted EBITDA of&nbsp;$52 million was up 16% from&nbsp;$45 million&nbsp;in Q1 2016.</p> <p><img...

China Zhongwang’s revenues and profit drop in Q1 2017
01 MAY 20171MINS

China Zhongwang’s revenues and profit drop in Q1 2017

<p>The world&rsquo;s leading aluminium extrusions product manufacturer China Zhongwang Holdings posted declines in profit and revenues during the first quarter of FY 2017. According to the company&rsquo;s latest financial report, both the topline and bottomline reflected a drop from the...

Hydro’s Q1 2017 results up on higher prices, offset by higher raw material costs
28 APR 20172MINS

Hydro’s Q1 2017 results up on higher prices, offset by higher raw material costs

<p>Norsk Hydro reports positive first quarter 2017 results driven by higher realized all-in metal and alumina prices that was slightly offset by higher raw material costs.&nbsp;</p> <p>Hydro reports underlying EBITD of to NOK 2,284 million in comparison to NOK 1,829 million in the fourth quarter...

Constellium reports net income of €13 million in Q1 2017; revenue up 15%
27 APR 20173MINS

Constellium reports net income of €13 million in Q1 2017; revenue up 15%

<p>Constellium, a leading manufacturer of high-quality aluminium products and solutions in the world has reported results for first quarter ended March 31, 2017. The company reported an adjusted EBITDA of of &euro;93 million for the first quarter of 2017, up 1% YOY.</p> <p><img...

Century reports Q1 2017 results; net loss reduces dramatically QoQ
27 APR 20173MINS

Century reports Q1 2017 results; net loss reduces dramatically QoQ

<p>Century Aluminum Company has announced its first quarter 2017 results. The company reported a net loss of $15.1 million for Q4 2016 in comparison to the net loss of $168.5 million in Q4 2016.&nbsp;Adjusted net loss amounted to $5.0 million compared to an adjusted net loss of $11.5 million for Q4...

Arconic reports 4.5 % revenue growth in Q1 2017 driven by higher sales volumes
26 APR 20173MINS

Arconic reports 4.5 % revenue growth in Q1 2017 driven by higher sales volumes

<p>Arconic Inc. reported results for the first quarter 2017, in which the Company reported a revenue growth of 4.5 % YoY, driven by higher volumes across all segments. The impact of higher aluminium prices was offset by Arconic&rsquo;s ramp down from the North American packaging business at its...

Alcoa reports sequential growth in profits in Q12017 on stronger alumina & aluminium prices
25 APR 20172MINS

Alcoa reports sequential growth in profits in Q12017 on stronger alumina & aluminium prices

<p>Alcoa Corporation has reported first quarter 2017 results and the company reports sequential growth in profits on stronger alumina and aluminium pricing and a solid cash position.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...

Aluminium Bahrain’s Q12017 net income jumps 506 per cent YoY
24 APR 20172MINS

Aluminium Bahrain’s Q12017 net income jumps 506 per cent YoY

<p>A global aluminium smelter Alba reported its financial results as per the International Financial Reporting Standards (IFRS) accounting rules. The company said its top-line and bottom-line performance for the first quarter of 2017 was driven primarily by higher LME prices and favourable...

Market-driven headwinds fail to dampen Kaiser Aluminum’s Q1 2017 performance
21 APR 20172MINS

Market-driven headwinds fail to dampen Kaiser Aluminum’s Q1 2017 performance

<p>A leading producer of fabricated aluminium products for high-strength aerospace and automotive applications, Kaiser Aluminum Corporation, today announced its first quarter 2017 results. The net income rose to US$36 million from US$25 million in Q4 2016 and US$26 million in Q1 2016. Earnings per...

Rio Tinto publishes its Q12017 aluminium production result
20 APR 20171MINS

Rio Tinto publishes its Q12017 aluminium production result

<p>Rio Tinto, one of the world's largest metals and mining corporations, has published details of its aluminium production result for the first quarter of 2017.</p> <p>Rio Tinto&rsquo;s data shows that the company produced 889 thousand tonnes of aluminium in the first quarter of 2017. The...

Rusal’s Deripaska controlled En+ Group makes first financial disclosure in two years
19 APR 20171MINS

Rusal’s Deripaska controlled En+ Group makes first financial disclosure in two years

<p>En+ Group, a Russian energy-related company controlled by Oleg Deripaska, reported adjusted core earnings of $2.3 billion for 2016 on Tuesday, April 18. The disclosure is the group&rsquo;s first in two years.</p> <p>En+ owns 48 per cent stake in Russia&rsquo;s biggest aluminium company Rusal....

Yunnan Aluminium’s 2016 full-year net profit jumps 276% YoY
07 APR 20172MINS

Yunnan Aluminium’s 2016 full-year net profit jumps 276% YoY

<p>One of China's major aluminium producing companies Yunnan Aluminium Co Ltd., posted a net profit of 111 million yuan for the full year ended March 31, 2017. The profit rose 276.03 per cent from the previous year despite the fact that the primary producer had agreed on cutting production in a...

Alba reports higher sales & production volumes in Q1 2017
05 APR 20172MINS

Alba reports higher sales & production volumes in Q1 2017

<p>Alba has reported production and sales results for the first quarter of 2017. Aluminium Bahrain started 2017 with strong sales and production volume registering an increase of 4.9% and 5.6% YoY respectively.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...

First Aluminium registers NGN165.4 million profit in FY2016
03 APR 20171MINS

First Aluminium registers NGN165.4 million profit in FY2016

<p>Nigeria-based company First Aluminium, involved in manufacturing aluminium coils and sheets, collapsible aluminium tubes and other aluminium products, registered profit for the financial year 2016. &nbsp;</p> <p>First Aluminium&rsquo;s turnover stands at NGN 9.1 billion in 2016 as compared to...